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ACCA Applied Knowledge · Business and Technology · Financial systems and technology

A retail chain's regional managers receive a weekly report that lists only those stores whose sales are more than 10% below budget, leaving out all stores that are on target. Which type of report does this describe?

This is an exception report. It highlights only the stores whose sales fall more than 10% below budget and omits those on target, so managers can focus on significant deviations. Ad hoc reports are one-off requests, and drill-down reports let users move from summary data to underlying detail.

  1. AException reportCorrect
  2. BAd hoc report
  3. CDrill-down report

Explanation

An exception report shows only items that deviate from an expected standard or threshold, here sales more than 10% below budget. An ad hoc report is produced on request for a one-off need. A drill-down report lets users move from summary to detail, which is not described here.

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